City Of Citrus Heights: Now Open: Citrus Heights Small Business COVID-19 Recovery Grant Program

Press release from the City of Citrus Heights:

February 24, 2022

Attention Citrus Heights Small Business Owners:

The City's COVID-19 Recovery Grant Program launches Feb. 24, with applications open for 30 days. Visit CitrusHeights.net/SmallBizGrant to learn about eligibility and apply.

Funded by the American Rescue Plan Act (ARPA), the City’s Small Business COVID-19 Recovery Grant Program offers grants ranging from $2,000 - $15,000 per eligible business. Applications for the program are open for 30 days, through March 26, 2022.

• Visit the grant landing page for more information 
• Apply online for a Citrus Heights Small Business COVID-19 Recovery Grant
• Watch the City's webinar on the program and application

Small business eligibility is defined in this program as: 

• Commercial business located and licensed in Citrus Heights, since at least 2019 (must have a commercial address, home-based businesses not eligible at this time).
• Business was operational as of March 1, 2020, and is still in business at the time of application, and intends to remain open indefinitely.
• Open to all industries, available to franchises and affiliate businesses.
• Business entity earned $3 million annual revenue or less in calendar year 2019.
• Business experienced a net revenue loss of at least 25% for the calendar year 2020 OR calendar year 2021 compared to the calendar year 2019. 
• A business cannot receive more in ARPA grant funding than total revenue loss.
• Business employed 20 full-time equivalent employees or less, as of March 1, 2020. 
• For businesses with multiple locations, only employment and revenue figures for the Citrus Heights location(s) can be used to qualify for a grant under the Program, and all grant funds received must be used only to support Citrus Heights business operations. Multiple locations within Citrus Heights operating under a single business entity will be considered one business for purposes of the Program. 
• Passive businesses are not eligible. These include rental properties or any business in which the owner does not actively participate.
• This program does not include non-profits at this time.

Learn more: https://www.citrusheights.net/SmallBizGrant. 

This press release was produced by the City of Citrus Heights. The views expressed here are the author’s own.